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Expansion of renewable & storage

Expansion of renewable & storage

Expansion of renewable & storage

In October 2014, the leaders of the EU member states reached an agreement about a new climate package for 2050. Recently, the Dutch government stated that the target of 2020 will not be reached (around 12% will come from renewable energy sources), but from 2030 onwards the targets will be met. The expected increase in renewable energy in the Netherlands will primarily be triggered by an increase of offshore wind energy, onshore wind energy and solar energy.

The cost of renewable energy has been decreasing steadily in recent years, among other things driven by technical developments, and it is expected that this trend will continue in the coming years. The strong growth in the capacity of renewable energy, however, creates both opportunities and challenges, volatility being one of the main drivers. 

As prices of energy storage decrease, price volatility increases and technology continues to develop, potential for energy storage solutions increases. As a result, significant growth is expected for the upcoming years. Battery storage has shown a wide variety of uses, among other things: energy storage systems for peak stabilization or as back-up for fossil energy systems and Small/Large scale battery storage pack deployed for domestic or industrial use. Next to more traditional storage units, Hydrogen is widely considered as an optimal storage technology for the near future.